This is the second round of funding raised by the company within a month. UrbanClap will utilise the funds to expand operations across the country.
Ratan Tata has made personal investment in more than one-and-a-half dozen of companies since January this year. Some of its recent investments include companies like Chennai and Singapore-based big data analytics startup Crayon Data, Mumbai-based food-tech startup HolaChef and California-headquartered Sabse Technologies Inc.
Founded by Varun Khaitan, Raghav Chandra and Abhiraj Bhal in October 2014, UrbanClap is a marketplace for finding professional services for household work like plumbers, electricians or house cleaners. For specialised services like photographers, interior designers or yoga instructors, it takes in the customer request and with an automated match-making algorithm gives a choice of sellers to the customer to pick from.
Currently, the startup is offering its services in Delhi NCR, Bangalore, Mumbai, Chennai and Pune, and aims to expand its reach in 25 cities and 100 categories over the next one year. It claims to be serving 5,000 customer requests per day, and with an active seller base of more than 25,000 professionals.